LONDON/DUBAI (Reuters) - Iranian banks will have to adjust to tougher international regulations and may need to offload non-performing loans into a "bad bank" to pick up where they left off when sanctions were imposed almost four years ago.
The banks will be crucial to deal-making and cash flow as Iran seeks to win business from foreign firms and attract investment to upgrade its infrastructure now that curbs have been lifted on its banking, insurance, shipping and oil sectors.
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